Answer:
Globalization
Explanation:
Globalization is the seamless exchange of goods, technology, idea, culture, e.t.c across national boundary which is highly facilitated by collapsing or eliminating artificial barriers which hitherto made trade and communication difficult of almost impossible.
Globalization provides a platform for international integration and global connectivity among individuals, firms and government across international boundary.
Answer:
The correct answer is 10.9 times.
Explanation:
According to the scenario, computation of the given data are as follow:-
Average account receivable = (Opening account receivable + Closing accounts receivable) ÷ 2
= ($92,000 + $26,000) ÷ 2
= $118,000 ÷ 2
= $59,000
We can calculate the account receivable turnover by using following formula :-
Accounts receivable turnover = Net sales ÷ Average Account receivable
= $643,100 ÷ $59,000
= 10.9 times
Answer:
The lip gloss shop
Explanation:
Because a trend last for a short amount of time meaning you have to restock on so many new products all the time wasting more and more money, as to the lip glosses all colors can be sold or always be in style.
Answer:
option (d) $200.00
Explanation:
Average total cost for 100 pairs = $2.50
Marginal cost for every pair = $10.00
Now,
Total cost = Fixed cost + Variable cost
or
Fixed cost = Total cost - variable cost
or
Fixed cost = (Average total cost × 100) - (Marginal cost × 100)
= ($2.5 × 100) - ($1 × 100)
= $250 - $100
= $150
thus,
Total cost to produce 50 pairs of oven gloves
= fixed cost + variable cost
= $150 + (50 × $1)
= $150 + $50
= $200
Hence,
option (d) $200.00
Answer:
29,000 units
Explanation:
The computation of the number of units produced next year is shown below:
Number of units produced next year = Ending finished goods inventory units + budgeted sales units - beginning finished goods inventory units
where,
Ending finished goods inventory units is 6,000 units
Budgeted sales units is 26,000 units
And, the beginning finished goods inventory units is 3,000 units
So, the number of units produced is
= 6,000 units + 26,000 units - 3,000 units
= 29,000 units
We simply applied the above formula
